Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price started to grow inside a rising channel, where it some time traded below the support area and soon bounced up.
Price broke $1.1455 level and rose to the resistance line of the channel, after which it turned around and made correction movement.
Next, price some time traded near $1.1455 level and then bounced and continued to move up inside the channel.
In a short time Euro rose to $1.1700 level, which coincided with a support area, and some time trades between this level.
Then the price broke this level and continued to move up, until it almost reached the resistance line of the channel and started to fall.
Now, I think the Euro can rise a little and then continue to fall to $1.1610 support line of the channel, breaking $1.1700 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Recently price started to grow inside a rising channel, where it some time traded below the support area and soon bounced up.
Price broke $1.1455 level and rose to the resistance line of the channel, after which it turned around and made correction movement.
Next, price some time traded near $1.1455 level and then bounced and continued to move up inside the channel.
In a short time Euro rose to $1.1700 level, which coincided with a support area, and some time trades between this level.
Then the price broke this level and continued to move up, until it almost reached the resistance line of the channel and started to fall.
Now, I think the Euro can rise a little and then continue to fall to $1.1610 support line of the channel, breaking $1.1700 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.